Double-Dip Recession Is Guaranteed


We all knew this was coming. I was waiting for one of the talking heads to come out and say it. I know others have mentioned the coming double dip recession / depression, but in my eyes only in passing. In passing, because they, just like here have been sounding the alarm for years now. This however is different to me, we have a time frame to work with; "the next quarter or two" Based on this, early or late spring seems to be the due date.

A lot can happen between now and then. The biggest thing as I see it will be the coming WAR with IRAN. War will once again be used to take the sheoples minds off of their on demise. In case you missed it: The United States on Tuesday accused , "Iranian officials of plotting to murder Saudi Arabia’s ambassador to the United States, bomb the Israeli Embassy in Washington and the Saudi and Israeli Embassies in Argentina [link above to New York Times article]." Should anything explode in the near future it will be blamed on Iran, regardless of WHO actually did it, and there ya go.

So just as before, let the distractions begin. There will be many coming our way in the months leading up to the due date of the double dip recession. I expect things to really heat up in the new year 2012 in January, as millions loose their unemployment benefits. If you haven’t prepared as suggested many many times here at ‘BuelahMan’s Revolt’, time is running out. I think I’ll invest in some more silver myself before the end of the year.

via Business Insider

ROUBINI: The Recession Is Guaranteed, The Only Question Now Is How Bad It Will Be

BREAKING: Nouriel Roubini sees bad times ahead for the economy.

The only question is: How bad?

CNBC: Double-Dip Recession a Foregone Conclusion: Roubini

“The world’s advanced economies are headed for a second recession, regardless of whether there is further chaos in Europe, noted economist Nouriel Roubini told CNBC on Tuesday.”

“Roubini — who correctly predicted the 2008 financial crisis, but has got some other bearish calls wrong — said his reading of recent data suggested the U.S., euro zone, and the U.K. are already on the verge of falling into a recession in the next quarter or two.”

“The question is not whether or if there is going to be a double dip, but whether it’s going to be mild or severe with another financial crisis,” Roubini told CNBC on the sidelines of the World Knowledge Forum in Seoul. “The answer on that depends on the euro zone.”

Regardless of what camp you’re in (double dip, weak growth, muddle through, etc.) it seems that the question of whether the eurozone will produce some kind of event shock is a huge one. Even the muddle-through, no recession folks can’t discount the possibility of something disorderly happening, causing a crisis.

And so the world waits quietly on tiny Slovakia to save it.

Did I rub you the wrong way or stroke you just right? Let me know below in the comments section or Email me at buelahman {AT} g m a i l {DOT} com

If for some reason you actually liked this post, click the “Like” button below. If you feel like someone else needs to see this (or you just want to ruin someone’s day), click the Share Button at the bottom of the post and heap this upon some undeserving soul. And as sad as this thought may be, it may be remotely possible that us rednecks here at The Revolt please you enough (or more than likely, you are just a glutton for punishment??), that you feel an overwhelming desire to subscribe via the Email subscription and/or RSS Feed buttons found on the upper right hand corner of this page (may the Lord have mercy on your soul).

All posts are opinions meant to foster comment, reporting, teaching & study under the “fair use doctrine” in Sec. 107 of U.S. Code Title 17. No statement of fact is made or should be implied. Ads appearing on this blog are solely the product of the advertiser and do not necessarily reflect the opinions of BuehlahMan’s Revolt or WordPress.com

Breaking News: S&P downgrades US debt from AAA to AA+

Credit rating agency S&P downgrades US debt from AAA, first debt downgrade in US history ! The United States of America is now rated AA+ with negative outlook by Standard & Poor’s.

The Hurt is only beginning. What we have witnessed in the past 4 years means absolutely nothing. You can expect everything form bread to gas to sky rocket. I hope you have been paying attention and have your shit together, for now the shit is about to hit the proverbial fan.

I saw this coming. I tweeted earlier today, Dateline August 8 2011 ..#wallstreet opens with a bang. bada bing, and before that I said Beating the #economy with a dead cat, something sure does stink., and still in between those tweets I said Gambling with your taxes, #wallstreet crash 2011…we have nothing to loose, it’s your #money #Suckers .., and to end it all I said, Gotta go now, have #bodies to hide and more #suckers to #swindle. A fellow could get used to this kind of work. #politicians

If you like what you see here at The Revolt, please subscribe via Email subscription or by the RSS Feed button found on the upper right hand corner of this page and/or hit the Share Button at the bottom of the post to share via various means.

All posts are opinions meant to foster comment, reporting, teaching & study under the “fair use doctrine” in Sec. 107 of U.S. Code Title 17. No statement of fact is made or should be implied. Ads appearing on this blog are solely the product of the advertiser and do not necessarily reflect the opinions of BuehlahMan’s Revolt or WordPress.com